O-LevelAccountingVerification of accounting records7707/12 · Oct/Nov 2023 · Q121 Mark
The balance of the bank column in a trader's cash book was $520 debit. The trader later discovered that the following items did not appear on his bank statement. cheque not yet presented $80 cheque not yet credited $470 What was the balance on the trader's bank statement?
A$130 credit
B$130 debit
C$910 credit
D$910 debit
✓ Correct answer
A: $130 credit
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